: A day after Prime Minister Narendra Modi addressed the nation for the first time since the launch of India's retaliatory action under Operation Sindoor following the April 22 terror attack in Pahalgam, J&K, Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,750-24,850 and a strong buy zone at 24,600-24,700 levels on Tuesday, May 13. 

For the Nifty Bank, the market wizard expects support at 54,925-55,100 levels and a strong buy zone at 54,575-54,775 levels. 

The market wizard sees a higher zone at 24,975-25,125 levels and a strong sell zone at 25,225-25,375 levels for the headline index.

For the banking index, he sees a higher zone at 55,575-55,700 levels and a strong sell zone at 55,925-56,075 levels. 

Are strong FII and DII inflows set to support Dalal Street?

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STOCKS OF THE DAY

Buy Zaggle Prepaid shares for targets of Rs 371, Rs 375 and Rs 380 with a stop loss at Rs 360 

Buy Raymond shares for targets of Rs 1,590, Rs 1,610 and Rs 1,625 with a stop loss at Rs 1,550 

Sell Hindalco futures for targets of Rs 643, Rs 638 and Rs 626 with a stop loss at Rs 667 

Sell UPL futures for targets of Rs 664 and 650

RESULTS REVIEW

Tata Steel 

• Higher levels expected at Rs 155 and Rs 157

SRF

• Results came at 3:30 pm yesterday
• Concall today at 3 pm 
• Results a little better than expectations
• Profit booking expected at higher levels
• Futures have support at Rs 2,920 and Rs 2,880
• A higher level is expected at Rs 3,100

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